This is to inform about New Hanza Capital, AS operation in relation to events unfolding around its largest shareholder – ABLV Bank, AS.

Operation of New Hanza Capital, AS is not affected by the restrictions imposed on ABLV Bank, AS by Financial and Capital Market Commission, and they do not impede execution of obligations undertaken with bonds issued by New Hanza Capital, AS and listed in Baltic Bond List of Nasdaq Riga.

New Hanza Capital, AS and its subsidiaries have in total seven current accounts with ABLV Bank, AS. The total amount that at the moment of imposing restrictions was in these accounts slightly exceeds EUR 400 thousand. Certain New Hanza Capital Group companies have accounts with other commercial banks in Latvia, too, and through them the companies ensure the necessary daily settlements until the situation with ABLV Bank, AS is stabilized.

Almost all tenants of the properties owned by the companies of New Hanza Capital Group are unrelated to ABLV Group. The seven largest tenants make 74% of the total lease revenue, and all tenants are executing payments regularly, without any substantial delay.

The concern has purchased also Latvian government bonds amounting in total to EUR 3.5 million, as well as ABLV Bank, AS bonds of total amount of EUR 12.8 million, and they are now being kept in a financial instruments account with ABLV Bank, AS. There are no restrictions imposed on the financial instruments account, so New Hanza Capital is able to use the purchased securities upon necessity in order to ensure the necessary liquidity for the operation of the company if required.

New Hanza Capital, AS capitalisation and liquidity is on high level. Furthermore, according to operative financial data, in 2017, New Hanza Capital operated at profit of EUR 7.9 million due to increase in revenue from lease of properties managed by the company, as well as due to revaluation of the real estate portfolio.

Thus, the abovementioned confirms that New Hanza Capital, AS is generally able to finance its daily operation and ensure continuity.

This announcement contains inside information.

         Jānis Bunte
         PR Specialist
         Tel.: +371 6777 5432